]]>Following is information regarding dividends and capital gains distributions paid to current Portfolio 21 shareholders. You will receive Form 1099-DIV early next year that will report the final amounts (over $10) of dividends and/or capital gains.

We are very pleased to inform you that Portfolio 21 is working toward a merger with Trillium Asset Management.

Our primary objective in evaluating a merger has been to assure ourselves that it would result »

]]>Dear Clients, Advisors and Friends,

We are very pleased to inform you that Portfolio 21 is working toward a merger with Trillium Asset Management.

Our primary objective in evaluating a merger has been to assure ourselves that it would result in a substantial improvement in the resources available to serve the long-term interests of our clients and mutual fund shareowners.

We are confident that the combination with Trillium achieves this goal.

Trillium is an employee-owned investment management firm, based in Boston, MA with over $1.7 billion in assets under management. Founded in 1982, Trillium integrates Environmental, Social, and Governance (ESG) factors into the investment process as a way to identify the companies best positioned to deliver strong long‐term performance. A leader in shareholder advocacy and public policy work, Trillium leverages the power of stock ownership to promote social and environmental change while providing both impact and performance to clients.

All of Portfolio 21’s portfolio managers and research analysts will continue to manage the Portfolio 21 Global Equity Strategy and the mutual fund we advise.

We are also writing to let you know that our President, John Streur, has accepted the role as President and CEO of Calvert Investment Management, the largest SRI fund family in the industry. John is an equity owner of Portfolio 21 and a Director of the firm. He intends to retain his investment in the firm through the merger with Trillium. John came to Portfolio 21 at the beginning of 2012 as non-Executive Chairman and became President in July of that year. We deeply appreciate all that John has done for Portfolio 21 and our clients.

Matthew W. Patsky, CFA, CEO of Trillium, will become acting President of Portfolio 21 upon John’s departure later this month.

Mr. Patsky has 30 years of experience in investment research and investment management, and is widely considered an expert in SRI. Prior to joining Trillium as CEO in 2009, Mr. Patsky was at Winslow Management Company in Boston, MA where he served as Director of Research, Chair of the Investment Committee, and Portfolio Manager for the Green Solutions Strategy and the Winslow Green Solutions Fund. He is a Chartered Financial Analyst charterholder and a member of the CFA Institute.

We are excited about uniting the vision of our two firms in service to our clients and shareowners. As always, we welcome your questions and comments, please contact me at carsten@portfolio21.com or 877.211.0034 x335.

Best regards,

Carsten Henningsen
Chairman

]]>http://portfolio21.com/news/portfolio-21-to-merge-with-trillium-asset-management/feed/0Portfolio 21 Announces Global Equity Fund Environmental Impact Reporthttp://portfolio21.com/news/portfolio-21-announces-global-equity-fund-environmental-impact-report/?utm_source=rss&utm_medium=rss&utm_campaign=portfolio-21-announces-global-equity-fund-environmental-impact-report
http://portfolio21.com/news/portfolio-21-announces-global-equity-fund-environmental-impact-report/#commentsThu, 14 Aug 2014 18:28:33 +0000http://portfolio21.com/?post_type=news&p=3249Portfolio 21 is pleased to announce the publication of the Portfolio 21 Global Equity Fund Environmental Impact Report. This report summarizes a recent research project Portfolio 21 has undertaken with Trucost, a leading global research and environmental data provider, »]]>Portfolio 21 is pleased to announce the publication of the Portfolio 21 Global Equity Fund Environmental Impact Report. This report summarizes a recent research project Portfolio 21 has undertaken with Trucost, a leading global research and environmental data provider, to calculate the cumulative environmental footprint of the Fund’s holdings.

Our analysis has concluded that companies held in the Fund as of July 31, 2014 have, on average, a 49% smaller carbon footprint and a 33% lower environmental footprint than the MSCI All Country World Index (ACWI), an index that approximates the world stock market. Quantifying the Fund’s environmental impact is a considerable challenge, but Trucost’s methodology, 10 years of historical data, and coverage across the world and all industries, made this comparative analysis possible.

We believe these findings underscore our longstanding commitment to rigorous, in-depth research in pursuit of the excellence and environmental performance we require in our highly selective investable universe. As a result, the Fund is fossil fuel free and seeks global leaders with high quality financial fundamentals and superior business practices in respect to how they impact society and the environment.

The Environmental Impact Report contains a comparison of greenhouse gas emissions of the Fund companies versus the index companies and extends beyond that to an environmental footprint analysis, which considers water, waste, pollutants, and natural resource use. An attribution analysis is also included to provide supporting data on the effects of sector allocation and stock selection on the Fund’s footprint.

The MSCI ACWI (All Country World Index) is a free float-adjusted market capitalization weighted index that is designed to measure the equity market performance of developed and emerging markets. The MSCI ACWI consists of 44 country indices comprising 23 developed and 21 emerging market country indices. An investment cannot be made directly in an index. Returns reported reflect the net total return index, which reinvests dividends after the deduction of withholding taxes, using a tax rate applicable to non-resident institutional investors who do not benefit from double taxation treaties.

]]>http://portfolio21.com/news/portfolio-21-announces-global-equity-fund-environmental-impact-report/feed/0Toyota Motor Company Divestmenthttp://portfolio21.com/news/toyota-motor-company-divestment/?utm_source=rss&utm_medium=rss&utm_campaign=toyota-motor-company-divestment
http://portfolio21.com/news/toyota-motor-company-divestment/#commentsTue, 13 May 2014 17:00:46 +0000http://portfolio21.com/?post_type=news&p=3119In December 2013, Portfolio 21 analyzed the auto manufacturing industry group seeking to identify global and regional leaders that manage their businesses with respect to the critical environmental, social and governance issues specific to their industry. Toyota Motor Corporation was »]]>In December 2013, Portfolio 21 analyzed the auto manufacturing industry group seeking to identify global and regional leaders that manage their businesses with respect to the critical environmental, social and governance issues specific to their industry. Toyota Motor Corporation was identified as one such leader given the company’s commitment to improving fuel economy, its market share of hybrid vehicles, and its research and development on alternative vehicles. Unfortunately, on March 20, 2014, the U.S. Department of Justice announced a criminal wire fraud charge against Toyota and deferred prosecution agreement with a record $1.2 billion financial penalty. The charge is that Toyota defrauded consumers in the fall of 2009 and early 2010 by issuing misleading statements about safety in Toyota and Lexus vehicles. According to U.S. Attorney Preet Bharara, “Toyota stands charged with a criminal offense because it cared more about savings than safety and more about its brand and bottom line than the truth.”

The auto manufacturer industry is highly exposed to product safety recalls, litigation costs, and warranty payments; nonetheless Portfolio 21 expects that all of our companies meet our Principles for Investment. Specifically that all companies “be honorable corporate citizens.” Toyota’s actions to conceal safety information which then resulted in criminal charges strongly challenges this principle and for this reason, Portfolio 21 has chosen to divest from Toyota.

]]>http://portfolio21.com/news/toyota-motor-company-divestment/feed/0Portfolio 21 not impacted by internet security bug, "Heartbleed"http://portfolio21.com/news/portfolio-21-not-impacted-by-internet-security-bug-heartbleed/?utm_source=rss&utm_medium=rss&utm_campaign=portfolio-21-not-impacted-by-internet-security-bug-heartbleed
http://portfolio21.com/news/portfolio-21-not-impacted-by-internet-security-bug-heartbleed/#commentsFri, 11 Apr 2014 22:00:27 +0000http://portfolio21.com/?post_type=news&p=3112Recent news reports have raised concerns regarding an internet security vulnerability, known as the “Heartbleed bug” that affects software called Open Secure Sockets Layer Architecture (OpenSSL). This vulnerability only affects certain types of servers running specific versions of the OpenSSL encryption »]]>Recent news reports have raised concerns regarding an internet security vulnerability, known as the “Heartbleed bug” that affects software called Open Secure Sockets Layer Architecture (OpenSSL). This vulnerability only affects certain types of servers running specific versions of the OpenSSL encryption application. Portfolio 21’s online account and paperless document management systems do not use this technology and are not impacted.

While Portfolio 21’s systems are unaffected, we take the security of your personal data very seriously. We recommend choosing a unique password for each website you use and changing that password every 90 days.

For the year ended December 31, 2013, the Portfolio 21 Global Equity Fund earned foreign source income and paid foreign taxes which are passed through to shareholders pursuant to Section 853 of the Internal Revenue Code. In addition to the information provided in your Tax Form, this supplement provides details of the the foreign taxes paid and the foreign source income.

If you have additional questions about this information, please call 866-209-1962.

]]>http://portfolio21.com/news/foreign-tax-statement-for-2013/feed/0Estimated Dividends and Capital Gains Distributions for 2013http://portfolio21.com/news/dividends-and-capital-gains-distributions-for-2013/?utm_source=rss&utm_medium=rss&utm_campaign=dividends-and-capital-gains-distributions-for-2013
http://portfolio21.com/news/dividends-and-capital-gains-distributions-for-2013/#commentsThu, 19 Dec 2013 23:00:21 +0000http://portfolio21.com/?post_type=news&p=2946Following is information regarding dividends and capital gains distributions paid to current Portfolio 21 shareholders. These figures are estimates. You will receive Form 1099-DIV early next year that will report the final amounts (over $10) of dividends and/or capital gains.»]]>Following is information regarding dividends and capital gains distributions paid to current Portfolio 21 shareholders. These figures are estimates. You will receive Form 1099-DIV early next year that will report the final amounts (over $10) of dividends and/or capital gains.